The Chinese Communist Party’s National Congress, held every five years, is a much-awaited event because it offers global political leaders and investors a read into policy directions for this opaque, authoritarian nation. As the world’s second-largest economy, China sets the agenda both for global economic growth and the tenor of geopolitics. The hints to be gleaned from General Secretary and President Xi Jinping’s inaugural speech of one hour and 45 minutes could scarcely be described as reassuring. Mr Xi, who has emerged as the most powerful leader in China since Mao Zedong by virtue of a ruthless elimination or silencing